PepsiCo, Kellogg Co., McCain Foods Limited Dominated the Global Cheese Based Snacks Market in 2022

The Global Cheese Based Snacks Market is expected to grow with a CAGR of 7.0% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.

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The global cheese based snacks market is a highly consolidated market, including a specific number of key players. The market has witnessed increased strategic developments owing to favorable market scenarios.

The major players dealing in the global cheese based snacks market are introducing a strong range of products providers and adopting strategic initiatives such as partnership, acquisition, business expansion, award, and recognition into the market. This helped companies to maximize sales with an enhanced product portfolio.

For instance,

  • In October 2019, PepsiCo launched a new product named Smart50 in two flavors- sea salt and white cheddar. The white cheddar flavor snack contains 50 calories per cup and is flavored with three different kinds of cheese such as parmesan, cheddar, and romano cheese. This new product launch helped the company in enhancing the product portfolio

PepsiCo is expected to dominate in the global cheese based snacks market. Some of the other key players existing in the market are Mars, Incorporated, McCain Foods Limited, Utz Brands, Inc, UNISMACK SA, General Mills Inc., EnWave Corporation, Kellogg Co., PARLE, Godrej Agrovet Limited, Europe Snacks, SARGENTO FOODS INCORPORATED, Serious Pig, Amy's Kitchen, Inc., Chittchore Namkeenz, GCMMF, Kerry, Prataap Snacks Ltd., SURYA FOOD & AGRO LTD., GoNutz, The Kraft Heinz Company, Rich Products Corporation, WHISPS, NATORI CO.,LTD, and Arla Foods Ingredients Group P/S, among others.

Cheese Based Snacks MarketPepsiCo

PepsiCo was founded in 1965, and its headquarter is in New York, U.S. It has public ownership. The company focuses on manufacturing convenient foods and beverages and offers a wide range of enjoyable food and beverages products under various brands. The company has brand categories such as Pepsi, Lay’s, Mountain Dew, Doritos, Gatorade, Tropicana, Quaker, Lipton, Starbucks, Aquafina, Ruffles, Cheetos, Brisk, Tostitos, Fritos, Diet Pepsi, Diet Mountain Dew, Sierra Mist, 7up, Mirinda, Walkers, Pepsi Black, Imagine Snacks, Stacy's, BFY. Amongst which Imagine Snacks, Cheetos, BFY are the market-focused brand categories.

For instance,

  • In August 2020, PepsiCo launched Cheetos Mac' n Cheese under Cheetos in the U.S. It is available in 3 different flavors: Flaming' Hot, Cheesy Jalapeno, and Bold & Cheesy. This new product launch has helped the company expand its product segment and attract a large consumer base, especially during COVID-19 as Mac N' Cheese is a home staple in the U.S.

The company has a wide presence across North America, Latin America, the Middle East and Africa, Asia-Pacific, Europe. Some of the subsidiaries are Frito-Lay (U.S.), The Gatorade Company (U.S.), SodaStream (U.K.), Sabritas (Mexico), Walkers (U.K.), Quaker Oats Company (U.S.), among others

Kellogg Co.

Kellogg Co. was founded in 1906 and is headquartered in Michigan, U.S. It has public ownership. The company's main focus is on creating better days for people with their trusted food brands. The company has business segments such as snacks, cereal, frozen, noodles, and others, and among them, Snacks are the market-focused segment. The company offers various product categories, including breakfast favorites & treats, cereal & granola, savory snacks, plant-based proteins, snack bars & bites, protein bars & shakes frozen breakfast, in which savory snacks is the market-focused category.

For instance,

  • In January 2020, Kelloggs Co. launched three new flavors with varying levels of heat intensity, such as Kickin' Sour Cream (Medium), Spicy BBQ (hot), and Cheese & Chilli (Extra Hot). The launch of these three flavors helped the company to attract more customers

The company has a presence across North America, Latin America,  Asia-Pacific, Europe, the Middle East and Africa. Some of the subsidiaries are Keebler Company (U.S.), Pringles, LLC (U.S.), The Wimble Company (U.S.), Kelloggs Canada, Inc. (U.S.), Insurgent Brands, LLC (U.S.), among others.

McCain Foods Limited

McCain Foods Limited was founded in 1957 and is headquartered in Toronto, Canada. It has private ownership. The company focuses on manufacturing frozen potato products and supplying french fries, potato specialties, and appetizers to food services and retailers. The company has product categories including All Time Favourite, Local Delight, Cheese Lovers, and Cheese Lovers is the market-focused category. It offers products under various brand categories such as McCain Foods, Van Geloven, Lutosa, CelaVita, Infinity Foods, Day & Ross, under which McCain Foods is the market-focused brand category.

For instance,

  • In September 2021, McCain Foods Limited launched a new plant-based brand named "The Simple Root," which will offer dips, spreads, sauces, and cheese made from root vegetables. These new products are transformed into creamy taste and texture with the help of new technology developed in collaboration with Pilot Lite Capital and McCain Foods. This new brand launch helped the company expand its business and gain more revenue

The company has a presence across North America, Europe, Asia-Pacific, South America, the Middle East and Africa.